Association of African American Financial Advisors
Revenue
$1.9m
year to 31 December 2025
Expenses
$2.1m
year to 31 December 2025
Total assets
$201k
$265k liabilities
Net assets
Minus $64k
assets less liabilities
Directors and trustees
10
4.3 years on average
Staff
12
employees, year to 31 December 2025
Chair observed
≥1 yr
Alex David
Left since last filing
0
no seats appear to have opened
Association of African American Financial Advisors' network
10 people1 organisationi10 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI; we list 10 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Alex David Chair | Chairman | 2023 | 3 yrs |
| Araya Mesfin | Board Member | 2023 | 3 yrs |
| Christian Nwasike | Board Member | 2021 | 5 yrs |
| Desi Wyatt | Board Member | 2021 | 5 yrs |
| Dr Dana Palmer | Board Member | 2023 | 3 yrs |
| Lecount Davis | Chairman Emeritus | 2024 | 2 yrs |
| Reginald Lillie | Board Member | 2023 | 3 yrs |
| Rickie Taylor | Board Member | 2021 | 5 yrs |
| Sharif Muhammad | Board Member | 2021 | 5 yrs |
| Sheena Gray | Chief Executive Officer | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
14 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Barrett Wragg | Partnership Chair | since 2019 |
| Christian Nwasike | Treasurer & Conference Plan C | since 2019 |
| Chloe Moore | Treasurer | 2018 |
| Crystal Alford Cooper | Officer | 2018 |
| Gerald Loftin | President Elect | 2018 |
| Lazetta Rainey Braxton | President | since 2018 |
| Lecount David | Chairman Emeritus | since 2018 |
| Lauren Taylor | Company secretary | 2020 |
| Malcom Ethridge | Events Committee Chair | 2020 |
| Raymone Jackson | General Board Member | 2020 |
| Rene Nourse | Vice-Chair | since 2018 |
| Rickie Taylor | Officer | since 2018 |
| Sheena Gray | Partnership Co-Chair | 2020 |
| Tiffany Hawkins | Marketing Chair | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Sheena Gray | Chief Executive Officer | 40 | $310k | ||
| Reginald Lillie | Board Member | 4 | $0 | ||
| Araya Mesfin | Board Member | 4 | $0 | ||
| Alex David | Chairman | 4 | $0 | ||
| Sharif Muhammad | Board Member | 4 | $0 | ||
| Lecount Davis | Chairman Emeritus | 0 | $0 | ||
| Desi Wyatt | Board Member | 4 | $0 |
About
- Legal name
- Association of African American Financial Advisors
- EIN
- 384034837
- Address
- 1050 Connecticut Ave Nw Ste 500, Washington, DC, 20036-5304
- State
- District of Columbia
- Mission
- Aaaa was created to address the needs and concerns of african american financial professionals. Aaaa is a non-profit membership organization for black or african american fiancial advisors and affiliated professionals. [continued on schedule o] (as filed on the Form 990)
- Activity (NTEE)
- S46 Community improvement and capacity building
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 4 (IRS master file code)
- Formed
- 2017
- Principal officer
- Sheena Gray (as named on the Form 990)
- IRS ruling date
- 1 September 2017
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2024
Most connected
Longest observed on the filings
≥5years on the filingsChristian Nwasike
≥5years on the filingsDesi Wyatt
≥5years on the filingsRickie Taylor
≥5years on the filingsSharif Muhammad
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $201k
- Total liabilities
- $265k
- Net assets or fund balances
- Minus $64k
- Contributions and grants received
- $1.9m
- Program service revenue
- $0
- Employees
- 12
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.6m | $1.6m | Deficit $13k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Association of African American Financial Advisors likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: DC Department of Licensing and Consumer Protection (DLCP), corporate registrations (opendata.dc.gov). Licence: CC BY 4.0. Attribution: DC DLCP. Data last fetched 18 October 2026.
- State
- District of Columbia
- Entity type
- Domestic Nonprofit Corporation
- Status
- Revoked
- Formed
- 10 April 2017
- Registered agent
- C T Corporation System (city and state not held)